Skip to the page content
Passes our checks

Prairie Center Arts Foundation

EIN 36-3720716 · Schaumburg, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceFair57 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE PRAIRIE CENTER ARTS FOUNDATION IS TO ENRICH PEOPLE'S LIVES THROUGH CULTURAL ARTS BY PROVIDING AWARENESS OF AND FINANCIAL SUPPORT TO THE SCHAUMBURB PRAIRIE CENTER TO THE ARTS

Income
$528,175
Spending
$101,749
Spent on programs
92%
Reserves
83.2 months of spending
Largest source of income
donations and private grants, 91%
Employees
0

Source: Form 990 for the year ending April 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 83.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 81% of income.

  • Income trend

    15 of 15

    Income rose 153% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending April 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 57 out of 100. Higher than 27% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending April 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $8,683 spent. SCHAUMBURG YOUTH ORCHESTRA SUPPLEMENTS YOUNG MUSICIANS' TRAINING AND PROVIDES OPPORTUNITIES TO LEARN AND PLAY MUSIC MORE CHALLENGING THAN MIGHT BE FOUND THEIR SCHOOL PROGRAMS, THEREBY BROADENING AND ENHANCING THEIR EXPERIENCE. THE SYO SERVES A WIDE AREA OF THE NORTH WEST SUBURBS AND PROVIDES A COLLEGE SCHOLARSHIP FOR AN OUTSTANDING SENIOR MUSICIAN.
  2. $1,368 spent. ARTS PARTNER PROVIDES TICKETS AND TRANSPORTATION TO ESL STUDENTS AND INTEGRATED LANGUAGE CLASSROOMS FROM AREA SCHOOLS TO ATTEND A SERIES OF PERFORMANCES. ART PARTNERS WAS DESIGNED TO PROVIDE RISK STUDENTS WITH THE OPPORTUNITY TO EXPERIENCE CULTURAL ARTS.
  3. THE FOUNDATION SUPPORTS THE PRAIRIE CENTER FOR THE ARTS IN SCHAUMBURG IL TO ENSURE AND ENRICH THE NORTHWEST SUBURBS WITH GROWTH AND EXCELLENCE OF THE CULTURAL ARTS.
  4. $83,033 spent. TO VITALIZE AND ENRICH THE CULTURAL ARTS IN THE NORTHWEST SUBURBS THROUGH THE PRAIRIE CERNTER FOR THE ARTS.
  5. TO VITALIZE AND ENRICH THE CULTURAL ARTS IN THE NORTHWEST SUBURBS THROUGH THE PRAIRIE CERNTER FOR THE ARTS.

Source: Form 990 for the year ending April 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending April 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1990.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.